Point Roberts, WA and Delta, BC – August 31, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
Listen to today’s Crypto Corner Podcast:
Crypto Corner Podcast 664: Stocks discussed: (NasdaqGM: CAN) (TSXV: BNXA) (TSXV: CSTR)
Stocks discussed: (NasdaqGM:CAN) (TSXV:BNXA) (TSXV:CSTR)
Canaan Inc. (NasdaqGM:CAN) has secured a purchase order from Genesis Digital Assets Limited for 20,000 of its Bitcoin (BTC) mining machines, with an option for the latter to purchase up to 180,000 additional mining machines. Nangeng Zhang, Chairman and CEO of Canaan, said:
“Since we entered the long-term partnership with Genesis Digital Assets earlier this year, both parties have reached several great deals. This order with an option of future large purchases further solidifies our collaborations and reflects both parties’ confidence in the prospects of the cryptocurrency mining industry. All these mutually beneficial deals demonstrate the quality of our products and our endeavors to deliver for clients, despite the overall challenging supply chain conditions. We remain diligent in helping miner clients expand their computing power while generating value for our shareholders.”